Insights

BV Investment Partners Announces Investment in Balance Partners

Choate represented BV Investment Partners in its investment in Balance Partners, a specialty insurance managing general agency.

PPA Tour Completes Merger with Major League Pickleball

Choate represented PPA Tour and its owner, Dundon Capital Partners, in PPA Tour’s merger with Major League Pickleball.

Guidepost Growth Equity Leads Sale of ActiveViam

Choate represented Quartet Financial Services (a.k.a. ActiveViam) and its private equity sponsor Guidepost Growth Equity, in the sale of ActiveViam, a data analytics company that offers a range of analytics and services for financial institutions.

2024 Hart-Scott-Rodino Requirements

Hart-Scott-Rodino (HSR) filing thresholds will be adjusted upward effective March 6, 2024, and for parties involved in a merger or acquisition these adjustments may affect whether a company is required to make a premerger notification filing in any given transaction.

Revela Foods, a New Heritage Capital Portfolio Company, Acquired by Archer Daniels Midland

Choate represented New Heritage Capital and its portfolio company, Revela Foods, in the sale of Revela to Archer Daniels Midland, a fortune 50 company.

Thirdera, a Sunstone Partners Portfolio Company, Acquired by Cognizant

Choate represented Sunstone Partners and its portfolio company, Thirdera, in the sale of Thirdera to Cognizant (Nasdaq: CTSH).

Ametros to be Acquired by Webster Bank

Choate represented Long Ridge Equity Partners in the sale of its portfolio company, Ametros, to Webster Bank.

DOXA Insurance Holdings to be Acquired by Goldman Sachs

Choate represented Century Equity Partners in the sale of its portfolio company, DOXA Insurance Holdings, to Goldman Sachs Asset Management.

FTC Files Antitrust Charges Against a Private Equity Sponsor

The current FTC leadership has been making strong statements against private equity roll-ups across industry sectors, and on September 21, 2023, acted on this rhetoric by suing a large health care provider in Texas, along with its founding private equity sponsor.